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20110710
20110710
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. >> the president discovers twitter. rupert murdoch's tablo gia "news of the world" is dead of shame. >> we have a fundamently breached a truswithur readers. captionened byhe national captioning institute --www.ncncicap.o.org-- >> for the record, unemployment rose to 9.2% last month even though the economy added 18 at thousand jobs. still no deal on the debt limit. they are going to work over the weekend. the president and speaker boehner are talking about a plan that would cut $4 trillion in government spending over the next 10-15 years. how do you do that? how do you increase revenues? close tax loopholes, which is tax reductions? will republicans dare to do that? will democrats sign off o on cuts in medicare d social security? >> democrats, sucked it up. but the entitlements on the table, make sure at the end of the day that these are programs that serve the public. >> dick durbin, a democratic senate whip. all sounds so reasonable, nina? why cannot get it done? >> i don't know why. i do know why. if you look at the polling data, the american public wants no changes in social security, medica
's office and even one of the most powerful media moguls in the world, radio rupert murdoch. >> it's the end of 9 run and end of the world "the news of the world" that is no one here saw the end coming, the 270-person staff who will be losing their jobs tomorrow shell shocked. >> i am so proud of my colleagues who have continued this week, and absolutely trying and very personally and professionally difficult circumstances in such a professional manner. >> they may be professionals but this week some of the reporters and editors who occupy this office just a few years ago were habitual criminals, illegally hacking thousands of cell phones in search much juicy tidbits for sensational stories and getting scoop. the owner of "the news of the world" rupert murr fox is flying to london to try to contain the damage. >> we've already apologized. we've been let down. >> his multi-million dollar take over of the british skycam is in jeopardy. news corporation has vast media holdings around the world including fox news and "wall street journal" in the u.s. >> did the scandal take on the life of its ow
. here's abc'c' jeffrey kofman. >> reporter:r: rupert murdoch rushed to london today to rescue the media empire he's spent his life building. he was reading the last issue of "the news of the world" as he came in. the best receiving tabloid was on the news stands here for the last time. >> i think if you've done wrong, you should face the consequences. >> reporter: the paper brought down by the criminal excesses of its reporters. but in the eyes of many, it was brought down by management who still refuses to accept its own ro role. but murdoch may lose a huge business deal. his plan to take 100% control of britain's b-sky-b satellite network this ask scandal has highlight what people consider a monopoly. 40% of the papers told in this country are ownedy murdoch companies. his holdings stretch around the world. in the u.s., he owns two of the most influential newspapers, book pubbishing, avatar, his, 20th century fox. fox news and fox. owner of "thee simpsons." >> all right, break it up, boys. >> suppose you don't like tabloid newspapers, either. >> reporter: news corporation is headquart
to crush them on the pages of his paper, until now. >> rupert murdoch is a talented businessman, possibly even a genius, but his organization has grown too powerful and they've abuse thad power. >> reporter: even britain's prime minister elected with murdock's help, scram manied to distance himself. >> we are no longer talking about politicians or celebrities. we're talking about murder victims, terror victims having their phones hacked into. it is absolululy disgusting. >> reporter: and there was more. paper hacked voice mails of the families of britain's soldiers killed in iraq and afghanistan. for celebrities that saw their cell phones illegally hackck and been exposed to people offal worlrl finally people wewere listening. actor hugh grant smoke out on the bbc. >> you didn't care who got hurt as long as you were able to sell your newspaper. >> reporter: that's paul mcmullin, for more than a decade, a reporter and editor at "the news of the world." >> would you stop at anything to get the story? you would do anything. >> even breaking the law? >> absolutely. >> reporter: we learned the
Search Results 0 to 3 of about 4